Agriculture

Wednesday, June 8

Due to the Russian invasion, agricultural sector losses have reached about $20B.

Due to the Russian invasion, agricultural sector losses have reached about $20B. The KSE Vice President for Economic Education is convinced that the Ukrainian agro sector is suffering significant losses due to the Russian invasion, reported Espresso. According to him, “If w...

Tuesday, June 7

Ukraine can open ports for grain exports under one condition.

Ukraine can open ports for grain exports under one condition. President Volodymyr Zelenskyy stated that the supply of weapons to Ukraine is the best guarantee for demining ports through which Ukrainian food can be exported. But, he added, this is not a threat, ...

US diplomats have warned African countries not to buy stolen grain from Russia.

US diplomats have warned African countries not to buy stolen grain from Russia. US diplomats have recently sent letters to 14 countries, mainly in Africa, stating that Russia could try to sell grain stolen from Ukraine to foreign buyers, reported the New York Times. The US State ...

The farmer loan portfolio has grown by over 50%.

The farmer loan portfolio has grown by over 50%. As of the beginning of May 2022, the share of loans granted by banks to companies related to agriculture, forestry, and fisheries was 13.2% of the total number of loans, reported Opendatabot. In tota...

Monday, June 6

Ukraine’s farmers have planted 80.6 % of last year’s area.

Ukraine’s farmers have planted 80.6 % of last year’s area. As of June 2, the sowing of spring cereals and legumes in Ukraine has been 80.6% completed compared to the previous year’s figures, announced the Ministry of Agrarian Policy. According to the m...

Friday, June 3

Türkiye will help to deliver 20 million tons of grain to the world.

Türkiye will help to deliver 20 million tons of grain to the world. As a result of Türkiye’s robust, multi-faceted diplomacy, a roadmap for negotiation has been prepared. Its details will be discussed at a meeting with Russia, Ukraine, Türkiye, and UN officials...

Thursday, June 2

Unblocking seaports will allow Ukraine to reduce the decline in the GDP.

Unblocking seaports will allow Ukraine to reduce the decline in the GDP. Ukraine’s GDP will fall by 30% in 2022, but unblocking seaports would reduce the economic downturn to 22-25%, according to Dragon Capital Chief Economist Olena Belan. According to her, “A...

Wednesday, June 1

Poland will provide logistics for the transportation of Ukrainian grain.

Poland will provide logistics for the transportation of Ukrainian grain. Poland is ready to expand its infrastructure in order to transport Russian-blocked Ukrainian grain to the Middle East and Africa and needs several months to do so, as stated by Polish Prime Minister M...

Monday, May 30

The UK is working with its G7 partners to resume the export of Ukrainian grain.

The UK is working with its G7 partners to resume the export of Ukrainian grain. In a phone call to President Zelenskyy, The Prime Minister of the UK, Boris Johnson, outlined the intensive work with international partners to find ways to resume the export of grain from Ukraine to...

The Kirovohrad region planted more barley, peas, and rapeseed than last year.

The Kirovohrad region planted more barley, peas, and rapeseed than last year. According to the Kirovohrad Regional Department of Agriculture, “Wheat, oats, and corn were sown on 100% of the planned areas at last year’s level. The region has planted 9% more barley, ...

Thursday, May 26

Ukraine wants to expand its loan program for farmers.

Ukraine wants to expand its loan program for farmers. The Ministry of Agrarian Policy is initiating the expansion of affordable lending for farmers working in agricultural processing. Deputy Minister Taras Vysotsky stated that the financing of the sowin...

Wednesday, May 25

Russian grain theft can be seen from space.

Russian grain theft can be seen from space. Satellite images from Maxar Technologies recorded the loading of Ukrainian grain on Russian ships in the port of temporarily occupied Sevastopol. It is noted that the new photos show the vessel Matro...

Russia is using food supplies as a weapon as it did with energy supplies.

Russia is using food supplies as a weapon as it did with energy supplies. Russia is using a similar scheme with food supplies as it did with energy and weaponizing the sector with global repercussions, said Ursula von der Leyen to the World Economic Forum. The European Comm...

Croatia offers ports for the transportation of Ukrainian grain.

Croatia offers ports for the transportation of Ukrainian grain. Croatia’s Adriatic ports may provide an alternative route for transporting grain from Ukraine, whose Black Sea ports remain blocked, stated Secretary of the Ministry of Foreign Affairs of Croat...

Monday, May 23

Russia is blocking 22 million tons of food in Ukraine ports.

Russia is blocking 22 million tons of food in Ukraine ports. Volodymyr Zelenskyy has accused Russia of blocking the export of 22 million tons of food products and warned that many countries will face a food crisis if their ports are unblocked. “The world ...

Friday, May 20

Despite difficulties exporting goods, Ukraine has exported 650,000 tons of grain.

Despite difficulties exporting goods, Ukraine has exported 650,000 tons of grain. Since the beginning of the marketing year, Ukraine has exported more than 46.5 million tons of grains and legumes. In the first three weeks of May, 64,000 tons were exported, reported the Ministry of...

Thursday, May 19

The US and Europe are developing routes for the export of Ukrainian grain.

The US and Europe are developing routes for the export of Ukrainian grain. The Biden administration is working closely with European allies to establish routes to get Ukrainian wheat and corn out of the country after Russia blocked Ukrainian ships from departing with grain ...

The sowing campaign in the Mykolaiv region is 80 – 85% completed.

The sowing campaign in the Mykolaiv region is 80 – 85% completed. The head of the Mykolaiv regional administration, Vitaly Kim, reported that the sowing campaign in areas with no military operations is 80 – 85% finished, reported Interfax-Ukraine. According to Kim,...

Wednesday, May 18

The EU must address technical issues in order to transport large cargo volumes from Ukraine.

The EU must address technical issues in order to transport large cargo volumes from Ukraine. Ukraine Railways (UZ) emphasizes several problems on the part of the transport system of European countries and its integration with Ukraine, which hinder the increase in the volume of cargo transpor...

Tuesday, May 17

The EU and the US will help Ukraine to export grain.

The EU and the US will help Ukraine to export grain. The United States, the EU, and Poland will do everything possible to help Kyiv export Ukrainian grain to world markets. This has not been possible due to the Russian blockade of Ukrainian seaports. At...

In March, Ukrainian exports fell by almost 57.9% and imports by 75.8%.

In March, Ukrainian exports fell by almost 57.9% and imports by 75.8%. In March 2022, compared with February 2022, seasonally adjusted exports decreased by 57.9% and imports by 75.8%. The seasonally adjusted foreign trade balance in March 2022 was positive and amounted ...

Monday, May 16

Ukraine has proposed the creation of an organization of grain-exporting countries.

Ukraine has proposed the creation of an organization of grain-exporting countries. At the G7 ambassadors’ meeting, Ukraine called for the development of an influential organization of grain exporting countries to respond to global market challenges, as stated at the Stuttgart...

Friday, May 13

Ukraine farmers have already borrowed more than UAH 24B in bank loans.

Ukraine farmers have already borrowed more than UAH 24B in bank loans. Ukrainian farmers have attracted almost UAH 24.2B in loans for the sowing campaign, of which UAH 16.46B under the portfolio guarantee program. Currently, the banking system of Ukraine issues up to UA...

The EU has presented a plan to support Ukraine’s agricultural exports.

The EU has presented a plan to support Ukraine’s agricultural exports. On Thursday, the European Commission unveiled an action plan to help Ukraine export its agricultural products, given the ports blocked by Russia, which handled 90% of Ukrainian export. The European C...

Thursday, May 12

Ukraine has resumed pork and beef exports.

Ukraine has resumed pork and beef exports. Following negotiations with the European Commission and EU member states, Ukraine has agreed on the transit of pork and beef through the EU, reported the Ukraine Ministry of Agrarian Policy. Due to t...

Wednesday, May 11

The EBRD has downgraded Ukraine’s economic downturn in 2022 and improved its outlook for 2023.

The EBRD has downgraded Ukraine’s economic downturn in 2022 and improved its outlook for 2023. The European Bank for Reconstruction and Development (EBRD) has downgraded the forecast for Ukraine’s economic decline due to the war to 30%, while at the end of March, the forecast was minus 20...

Small and medium-sized businesses in Ukraine have lost $85B.

Small and medium-sized businesses in Ukraine have lost $85B. Small and medium-sized enterprises (SMEs) have suffered direct losses of $64-85B in the 75 days since the war began, stated the Advanter Group. SMEs have a total funding need of $54B, with 87% of com...

Tuesday, May 10

Ukraine is losing $170M every day due to blocked seaports.

Ukraine is losing $170M every day due to blocked seaports. The Prime Minister of Ukraine, Denys Shmyhal, and the President of the European Council, Charles Michel, became acquainted with the current situation in the port of Odesa and discussed steps to solve...

The Baltic States’ seaports are the most promising for exporting Ukrainian grain.

The Baltic States’ seaports are the most promising for exporting Ukrainian grain. For grain exports, the best option is the port of Klaipeda (Lithuania) and three ports in Latvia. The government is currently working on the logistics of Ukrainian grain, said the Minister of Agraria...

Monday, May 9

Ukraine has restricted the export of buckwheat, rye, and oats.

Ukraine has restricted the export of buckwheat, rye, and oats. The export of agricultural products that might be in short supply in Ukraine will be limited during martial law, announced the First Deputy Minister of Agrarian Policy, Taras Vysotsky. The decision of...

Russians are stealing sunflower oil from the Zaporizhzhia region.

Russians are stealing sunflower oil from the Zaporizhzhia region. The Russian invaders are exporting oil from the Pologi oil extraction plant in the Zaporizhzhia region, which was preparing for shipment to its foreign partners. “The sunflower plant was preparing pro...

Friday, May 6

Ukraine has enough food reserves for the whole country.

Ukraine has enough food reserves for the whole country. There are enough reserves in the controlled territories of Ukraine to provide food for all 40 million Ukrainians, said the First Deputy Minister of Agrarian Policy, Taras Vysotsky. The Deputy Ministe...

Thursday, May 5

Russia continues to block millions of tons of Ukrainian grain bound for export.

Russia continues to block millions of tons of Ukrainian grain bound for export. Russia has blocked all seaports and trade routes through which Ukrainian grain was exported worldwide. As a result, millions of tons of grain remain stranded in Ukrainian ports. Russia’s action...

Wednesday, May 4

Ukraine’s grain harvest is expected to be 35% lower.

Ukraine’s grain harvest is expected to be 35% lower. This year, Ukrainian farmers expect a harvest of 65% of last year’s total. The lower total will result because they were able to carry out spring fieldwork on only 70% of the area planted during the p...

The Cabinet of Ministers of Ukraine approved a series of measures to ensure food security under martial law.

The Cabinet of Ministers of Ukraine approved a series of measures to ensure food security under martial law. The ministries, the State Statistics Service, and regional administrations are instructed to regularly monitor the balance of basic foodstuffs, form and purchase foodstuffs for long-term storage, and...

Ukraine will have a shortage of grain storage tanks this season.

Ukraine will have a shortage of grain storage tanks this season. Current carry-over stocks of grains and oilseeds may amount to 25.1 million tons in Ukraine for 2021/22 MY, up 4.2 times from the previous season. This will not allow the freeing of a significant amou...

Tuesday, May 3

Ukraine will simplify the requirements for the export-import of agricultural products.

Ukraine will simplify the requirements for the export-import of agricultural products. The Committee on Agrarian and Land Policy recommended that the Ukrainian Parliament pass a bill on uninterrupted production and supply of farm products during martial law. The draft law provides for ...

Ukraine needs assistance with agro-export corridors.

Ukraine needs assistance with agro-export corridors. “We need to find a way to help Ukraine organize a humanitarian corridor that will allow food to be transported by sea to other countries,” said a member of the US Congressional delegation to Kyiv, Ji...

Millions of tons of grain are trapped in the ports of Ukraine.

Millions of tons of grain are trapped in the ports of Ukraine. Almost four and a half million tons of grain are blocked in Ukrainian ports by Russian naval vessels. The products cannot be exported through closed sea routes amid the Russian military invasion, sta...

Monday, May 2

Russians are stealing Ukrainian grain worth hundreds of millions of dollars.

Russians are stealing Ukrainian grain worth hundreds of millions of dollars. The Russian invaders have already exported several hundred thousand tons of grain from the temporarily occupied territories in the Luhansk, Donetsk, Kherson, and Zaporizhia regions. The losses of Ukr...

The Ukraine land market is open during the war and is holding land auctions.

The Ukraine land market is open during the war and is holding land auctions. More than 5,000 online land sales and lease auctions have been announced in the Prozorro.sales system. The total value of all lots is UAH 1.4B ($43M). Of the 5,000 auctions announced, almost 1,800 ar...

Friday, April 29

Volodymyr Zelenskyy meets with Prime Minister of Bulgaria Kirill Petkov.

Volodymyr Zelenskyy meets with Prime Minister of Bulgaria Kirill Petkov. The Prime Minister of Bulgaria had a briefing with the President of Ukraine, Volodymyr Zelenskyy, in Kyiv, discussing possible areas of cooperation between the countries. Bulgaria plans to promote th...

Ukraine will export grain through Lithuania.

Ukraine will export grain through Lithuania. The Minister of Agrarian Policy and Food, Mykola Solsky, the Minister of Agriculture of Lithuania, Kestutis Navitskas, and the European Commissioner for Agriculture, Janusz Wojciechowski discussed th...

Thursday, April 28

Most of the abolished EU duties apply to Ukrainian agricultural products.

Most of the abolished EU duties apply to Ukrainian agricultural products. The European Union has canceled the collection of all import duties on Ukrainian goods for a year. These include all industrial duties, agricultural duties and quotas, the system of entry prices, anti...

Oschadbank is issuing UAH 200M in loans to farmers every day.

Oschadbank is issuing UAH 200M in loans to farmers every day. Over the past week, Oschadbank has been lending more than UAH 200M to one hundred agricultural enterprises every day. “Today, the portfolio of farming loans has exceeded UAH 2.4B ($80M). Every fifth b...

Wednesday, April 27

Germany will help Ukraine with grain exports.

Germany will help Ukraine with grain exports. The German federal government wants to ensure that Ukraine can continue growing grain and delivering it to the world despite the war, reported Handelsblatt. The export of this year’s agricultur...

Food and Energy prices will increase drastically in 2022.

Food and Energy prices will increase drastically in 2022. According to a quarterly report by the World Bank, world energy and food prices will rise sharply this year due to the full-scale Russian invasion of Ukraine. As forecasted by the World Bank, global...

Tuesday, April 26

Ukrainian and Polish joint logistics company to increase exports.

Ukrainian and Polish joint logistics company to increase exports. Ukrainian and Polish joint logistics company to increase exports.

Ukraine will sell grain through Latvian ports due to the blockage of Ukraine ports.

Ukraine will sell grain through Latvian ports due to the blockage of Ukraine ports. Ukraine will sell grain through Latvian ports due to the blockage of Ukraine ports.

Thursday, April 21

The Black Sea blockade could cause a global food catastrophe.

The Black Sea blockade could cause a global food catastrophe. According to the UN, Russia’s blockade of Odessa’s ports could cause a global food catastrophe. In a typical year, these ports help feed 400 million people worldwide. Now they are closed d...

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